Western Union Company (The) (WU) has an average broker rating of 3.02, which is interpreted as a Hold, as rated by 20 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 13 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Western Union Company (The) (WU) : 13 investment research analysts covering Western Union Company (The) (WU) have an average price target of $19.12 for the near short term. The highest target price given by the Brokerage Firm to the stock is $24 and the lowest target is $15 for the short term. Analysts expect the variance to be within $2.5 of the average price.
Also, Equity Analysts at the Monness Crespi Hardt downgrades the rating on Western Union Company (The) (NYSE:WU). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on September 8, 2016.
Western Union Company (The) (NYSE:WU): After opening at $20.27, the stock dipped to an intraday low of $20.25 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $20.49 and the buying power remained strong till the end. The stock closed at $20.32 for the day, a gain of 0.10% for the day session. The total traded volume was 3,766,847. The stocks close on the previous trading day was $20.3.
The Western Union Company (Western Union) is a global provider of money movement and payment services. The Company classifies its businesses into three: Consumer-to-Consumer, Consumer-to-Business and Business Solutions. The Consumer-to-Consumer operating segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Consumer-to-Business operating segment facilitates bill payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies and other businesses. The Consumer-to-Business payments services are available through a variety of services that include Speedpay, Pago Facil and Western Union Payments. The Business Solutions operating segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions for small and medium size enterprises and other organizations and individuals.